Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


NSE market capitalisation dips further by 0.96%

30 January 2014, 13:22

Lagos -A total of 258.689 million shares worth N2.92 billion were traded in 5 109 deals on the Nigerian Stock Exchange (NSE) on Wednesday.

This was against the 408.135 million shares valued at N4.97 billion achieved in 6 349 deals on Tuesday.

 The market capitalisation dropped by N127 billion or 0.96 percent to close at N13.076 trillion against the N13.203 trillion achieved on Tuesday.

Also, the All-Share Index, which opened at 41 189.66, depreciated further by 397.59 or 0.96 per cent to close at 40 792.07.
 Nestle led the losers' chart by N25 to close at N1 140 per share.

Lafarge Wapco followed, dropping N5.99 to close at N114, while CAP lost N2.34 to close at N46.66 per share.

Oando Oil dropped N2.26 to close at N21.02, while Okomu Oil dipped by N2.09 to close at N40.60 per share.

Conversely, Forte Oil topped the gainers' chart, appreciating by N1.69 to close at N91.80 per share.

It was followed by GTBank with a gain of 30k to close at N27.90 per share.

Ashaka Cement rose by 24k to close at N18.29, while Transexpr and Livestock chalked up 20k each to close at N2.28 and N4.23 per share, respectively.

Costain was the most traded stock, accounting for 24.75 million shares worth N53.28 million.

It was trailed by Transcorp as investors staked N77.86 million on 21.71 million shares, while Access Bank sold 21.49 million shares valued at N194.86 million.

ETI accounted for 18.26 million shares worth N296.97 million, while Diamond Bank traded 14.25 million shares valued at N94.86 million.

 -    NAN


Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...